
Walsh Trading’s John Weyer said the US midterm election results eased uncertainty but did not change expectations for the Federal Reserve’s next rate decision or resolve the dollar outlook. He said Trump’s trade and foreign-policy choices, including possible tariffs and the Iran conflict, could influence the dollar, while describing gold and silver as likely to retain safe-haven appeal and gold’s near-term path as higher.
Fed policy, trade decisions and geopolitical risks can shift the dollar and safe-haven demand, affecting commodity pricing and hedging costs. The article provides no direct new supply-demand signal for feed commodities.
After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.